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Consumers to feel drought's sting

Source: 7.30 Report
Published: Monday, September 24, 2007 12:59 AEST
Expires: Monday, October 22, 2007 12:59 AEST

Both sides of Federal politics have today focused attention on the worsening drought. Farmers are now comparing their plight to the 1930s Depression, which saw big numbers of debt strapped landholders simply walk off the land, and consumers are expected to feel the sting of the drought through climbing food prices and shortages in the months to come.

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Tags: business-economics-and-finance, industry, food-and-beverage, disasters-and-accidents, drought, government-and-politics, elections, federal-government, parliament, federal-parliament, lifestyle-and-leisure, food-and-cooking, rural, agribusiness, agricultural-insurance, agricultural-prices, agricultural-subsidies, agricultural-crops, bananas, cotton, flowers, fruit, grain, herbs, wheat, sugar, vegetables, fruits, oilseeds, rice, teacoffee, tobacco, wool, viticulture, agricultural-policy, community-development, crop-harvesting, farm-labour, fertilisers, food-processing, greenhouse-gas, irrigation, livestock, animal-nutrition, animal-welfare, beekeeping, beef-cattle, cattle-feedlots, poultry-and-egg-production, dairy-production, equine-production, goat-production, pig-production, miscellaneous-animal-production, sheep-production, pasture, rural-media, rural-women, women-in-agriculture, rural-youth, sustainable-and-alternative-farming, weeds, social-policy, event, federal-election, federal-election-2007, australia

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